What Happened During Sam Bankman-Fried’s First Week in Court?

But it’s early days yet, in a trial that could last six weeks. It’s still unknown whether Bankman-Fried, sporting a new haircut, will testify. Mariotti, along with a seeming majority of lawyers, said that would be a gamble at best and like disastrous. Gary Wang, FTX co-founder and longtime friend to SBF, already admitted to committing fraud on the stand, referencing the “special privileges” offered to trading shop Alameda on FTX. While a ex-FTX developer Adam Yedidia said he quit in November 2022 after learning of the scheme to “defraud” customers, a strong point that was stricken from the record.

• SEO Powered Content & PR Distribution. Get Amplified Today.
• PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
• PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
• PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
• PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
• Source: https://www.coindesk.com/consensus-magazine/2023/10/06/what-happened-during-sam-bankman-frieds-first-week-in-court/?utm_medium=referral&utm_source=rss&utm_campaign=headlines